Key Points
- Director Gary Reiner sold 17,000 HPE shares at an average price of $56.91, totaling approximately $967,470 and reducing his position by 20.71%.
- HPE reported quarterly earnings of $1.11 per share on $12.21 billion in revenue, exceeding analyst expectations, while revenue increased 33.7% year over year.
- The company declared a quarterly dividend of $0.1425 per share, equivalent to an annualized $0.57 payout and a 1.0% yield; analysts maintain a “Moderate Buy” consensus with a $69.18 price target.
Hewlett Packard Enterprise Company (NYSE:HPE - Get Free Report) Director Gary Reiner sold 17,000 shares of Hewlett Packard Enterprise stock in a transaction on Monday, September 14th. The shares were sold at an average price of $56.91, for a total value of $967,470.00. Following the transaction, the director owned 65,072 shares in the company, valued at $3,703,247.52. This represents a 20.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Hewlett Packard Enterprise Stock Up 1.5%
Shares of Hewlett Packard Enterprise stock opened at $56.71 on Thursday. The company has a current ratio of 1.11, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. Hewlett Packard Enterprise Company has a 1 year low of $19.84 and a 1 year high of $64.25. The stock has a 50-day moving average price of $52.05 and a 200 day moving average price of $39.89. The company has a market cap of $75.28 billion, a P/E ratio of 29.54, a P/E/G ratio of 0.50 and a beta of 1.43.
Hewlett Packard Enterprise (NYSE:HPE - Get Free Report) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.93 by $0.18. The company had revenue of $12.21 billion for the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The firm's quarterly revenue was up 33.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 EPS. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. As a group, analysts expect that Hewlett Packard Enterprise Company will post 3.34 EPS for the current fiscal year.
Hewlett Packard Enterprise Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a $0.1425 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.57 dividend on an annualized basis and a yield of 1.0%. Hewlett Packard Enterprise's dividend payout ratio is presently 29.69%.
Key Hewlett Packard Enterprise News
Here are the key news stories impacting Hewlett Packard Enterprise this week:
- Positive Sentiment: AI infrastructure momentum: Market commentary highlights HPE as a potential beneficiary of sustained AI infrastructure spending and the emerging connection between AI and quantum computing. The company is also working with suppliers and improving demand forecasts to manage memory constraints, which could help protect AI-server production and revenue growth. How Agentic AI Could Drive HPE Stock Much Higher
- Positive Sentiment: Sector strength and institutional interest: HPE moved higher alongside Dell and Super Micro as the broader server and AI-equipment group attracted buying. Recent institutional purchases and a consensus “Moderate Buy” rating also support the bullish case. Server Stocks Move Higher
- Neutral Sentiment: Cloud leadership transition: HPE appointed Hitachi Vantara chief Brad Pulfer to lead its cloud business as part of a C-suite reshuffle. The change could improve execution, but investors will likely watch for evidence that it accelerates growth in the GreenLake and cloud operations. HPE C-Suite Shakeup
- Negative Sentiment: Valuation and analyst caution: Evercore lowered HPE to “In Line” after the stock’s sharp year-to-date advance, arguing that the risk-reward balance is less attractive. The downgrade underscores concerns that expectations may already reflect much of the AI opportunity, even though the firm retained a $65 price target. HPE Rating Lowered to In-Line
- Negative Sentiment: Insider selling: CEO Antonio Neri sold 250,000 shares worth approximately $15.1 million under a pre-arranged Rule 10b5-1 plan, while Director Gary Reiner sold 17,000 shares for about $967,000. The planned CEO transaction reduces its signaling value, but the sales may add pressure after HPE’s substantial rally. HPE SEC Insider Filing
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on HPE shares. Susquehanna upped their price target on shares of Hewlett Packard Enterprise from $21.00 to $65.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 2nd. Bank of America boosted their target price on Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a "buy" rating in a research note on Monday, August 31st. Truist Financial upped their target price on Hewlett Packard Enterprise from $69.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, September 3rd. The Goldman Sachs Group lifted their price target on Hewlett Packard Enterprise from $32.00 to $79.00 and gave the company a "buy" rating in a report on Wednesday, June 3rd. Finally, Citigroup boosted their price target on Hewlett Packard Enterprise from $74.00 to $76.00 and gave the company a "buy" rating in a research note on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $69.18.
Read Our Latest Report on HPE
Institutional Trading of Hewlett Packard Enterprise
A number of institutional investors and hedge funds have recently made changes to their positions in HPE. Tidal Investments LLC increased its holdings in shares of Hewlett Packard Enterprise by 552.7% during the 2nd quarter. Tidal Investments LLC now owns 800,103 shares of the technology company's stock valued at $36,093,000 after acquiring an additional 677,528 shares during the last quarter. BlueCrest Capital Management Ltd lifted its holdings in Hewlett Packard Enterprise by 105.8% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 201,015 shares of the technology company's stock worth $9,068,000 after purchasing an additional 103,323 shares during the last quarter. Engineers Gate Manager LP acquired a new position in Hewlett Packard Enterprise during the second quarter valued at approximately $13,408,000. SVB Wealth LLC bought a new position in shares of Hewlett Packard Enterprise in the second quarter valued at approximately $237,000. Finally, Insight Wealth Partners LLC acquired a new stake in shares of Hewlett Packard Enterprise in the second quarter worth $299,000. Institutional investors and hedge funds own 80.78% of the company's stock.
Hewlett Packard Enterprise Company Profile
(
Get Free Report)
Hewlett Packard Enterprise Company (NYSE:HPE) is a global technology company that provides information technology products, services and solutions for businesses and other organizations. Its offerings are designed to support data centers, cloud computing, artificial intelligence, networking and the management of distributed IT environments.
HPE's portfolio includes enterprise servers, data storage systems, networking equipment, high-performance computing and software. Through its HPE GreenLake platform, the company also delivers cloud and as-a-service solutions that allow customers to access computing, storage, data protection and other IT capabilities through a flexible consumption model.
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